Inventory Manager
About the Role
Build, implement, and manage our inventory system from the ground up in a fast-moving, hands-on manufacturing environment. This is a ground-up build, not a maintenance role—partner cross-functionally to drive accuracy, organization, and integrity of inventory within our warehouse operations.
Responsibilities
- Build the company’s inventory systems, establishing structure, workflows, and standard operating procedures (SOP)
- Build out the inventory modules within the company’s ERP platform
- Develop inventory control policies and procedures, ensuring they are scalable and aligned with operational needs
- Set up and maintain inventory locations, including designated storage locations, warranty locations, and proper designations for new product lines
- Investigate root causes of inventory variances and implement corrective actions to prevent recurrence
- Control and manage all inventory movements—including location-to-location transfers—ensuring real-time accuracy and full traceability within the system
- Identify and process obsolete, expired, or damaged inventory for timely removal, disposition, or write-off in accordance with company policy
- Ensure all new products are assigned proper and logical storage locations; collaborate with operations and supply chain teams on space planning and product slotting
- Conduct regular cycle counts, physical inventories, and spot audits to verify inventory accuracy and resolve discrepancies promptly
- Generate and analyze inventory reports (accuracy rates, turnover, aging stock, warranty, etc) and present insights to management
- Continuously evaluate and improve inventory processes using data-driven decision-making and lean principles
- Other duties assigned by manager
Requirements
- Bachelor’s Degree in Supply Chain Management, Business Administration, or related field, or a combination of education and experience
- Minimum 7 years of progressive experience in inventory management within a fast-paced manufacturing environment
- Strong understanding of inventory control procedures
- Demonstrated experience setting up an inventory system from scratch
- Hands-on experience with ERP systems and/or Warehouse Management Systems (WMS)
- Intermediate level proficiency with Microsoft Office Suite programs (Outlook, Excel, PowerPoint, etc)
- Ability to think systematically and build scalable processes and procedures
- Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment
- Strong analytical and problem-solving skills with a high attention to detail and accuracy
- Excellent communication and interpersonal skills
- Prior supervisory experience managing a small team; ability to lead, train, and hold associates accountable
About the Company
Banks engineers complete engine systems from the crankshaft out, not just disparate parts. With over 65 years of breakthroughs and patents in high-performance gas and diesel engine development—including turbocharging and drivetrain—Banks has set records, won championships, and built engines the U.S. military trusts. The company culture is fast-moving, hands-on, no-nonsense, and fun, with a tight-knit team of people who care about what they’re building.
Pay
Salary Range: $95,000—$110,000 USD. Actual pay offered to candidates will depend on several factors, including relevant experience, education, and specific knowledge, skills, and abilities.
Benefits
- Medical, dental, and vision insurance
- Company-paid basic life, AD&D, and long-term disability insurance
- Employee Assistance Program (confidential support for emotional health and well-being)
- 401(k) and 401(k) matching
- Vacation, Paid Time Off, and Sick Leave
- Family-oriented culture promoting work-life balance
- Open door policy and promote-from-within philosophy
- Veteran-friendly workplace
- Employee Service and Recognition Program
- Food Truck Fridays
- Employee Referral Program
- Education Assistance Program
- Friends & Family discount on Banks’ power-enhancing products
- Employee discount programs for family entertainment and thousands of items